Pay Rs 2.5 lakh fine to dad of daughter with special needs, NCDRC to LIC
newsare.net
The apex consumer commission, NCDRC, has imposed a cost olf Rs 2.5 lakh LIC, and has directed it to pay the amount over and above the insured sum of Rs 1 lakh with 9% annual interest to a father and his mentally challenged daughter. The Commission has come doPay Rs 2.5 lakh fine to dad of daughter with special needs, NCDRC to LIC
The apex consumer commission, NCDRC, has imposed a cost olf Rs 2.5 lakh LIC, and has directed it to pay the amount over and above the insured sum of Rs 1 lakh with 9% annual interest to a father and his mentally challenged daughter. The Commission has come down heavily on the LIC for its adamant “mechanical decision-making without application of mind” while refusing to pay the assured amount. Read more